Environmental Obligations (Tables)

12 Months Ended

Dec. 31, 2021

Environmental Remediation Obligations [Abstract]

Schedule of Environmental Liability Rollforward

The table below is a roll forward of our total environmental reserves, continuing and discontinued, from December 31, 2018 to December 31, 2021.


(in Millions)	Operating and Discontinued Sites Total
Total environmental reserves, net of recoveries at December 31, 2018	$	521.5
2019
Provision	138.8
Spending, net of recoveries	(73.8)

Foreign currency translation adjustments	(0.7)
Net Change	$	64.3
Total environmental reserves, net of recoveries at December 31, 2019	$	585.8

2020
Provision	53.2
Spending, net of recoveries	(81.1)

Foreign currency translation adjustments	6.5
Net Change	$	(21.4)
Total environmental reserves, net of recoveries at December 31, 2020	$	564.4

2021
Provision	65.8
Spending, net of recoveries	(121.8)

Foreign currency translation adjustments and other adjustments	(5.2)
Net Change	$	(61.2)
Total environmental reserves, net of recoveries at December 31, 2021	$	503.2

Schedule of Environmental Recoveries

The table below is a roll forward of our total recorded recoveries from December 31, 2019 to December 31, 2021:


(in Millions)	December 31, 2019		Increase (Decrease) in Recoveries		Cash Received (2)		Other		December 31, 2020		Increase (Decrease) in Recoveries		Cash Received		December 31, 2021
Environmental liabilities, continuing and discontinued	$	10.0	$	0.9	$	(0.6)	$	—	$	10.3	$	1.8	$	(0.7)	$	11.4
Other assets (1)	27.3		(1.8)		(21.1)		—		4.4		0.8		(0.7)		4.5
Total	$	37.3	$	(0.9)	$	(21.7)	$	—	$	14.7	$	2.6	$	(1.4)	$	15.9

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(1) The amounts are included within "Prepaid and other current assets" and "Other assets including long-term receivables, net" on the consolidated balance sheets. See Note 22 to the consolidated financial statements included within this Form 10-K for more details.

(2) During the first quarter of 2020, we entered into a confidential insurance settlement pertaining to coverage at a legacy environmental site, which settlement resulted in a cash payment to FMC in the amount of $20.0 million.

Environmental Reserves Classification, Continuing and Discontinued

The table below provides detail of current and long-term environmental reserves, continuing and discontinued.


	December 31,
(in Millions)	2021		2020
Environmental reserves, current, net of recoveries (1)	$	87.3	$	120.9
Environmental reserves, long-term continuing and discontinued, net of recoveries (2)	415.9		443.5
Total environmental reserves, net of recoveries	$	503.2	$	564.4

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(1)These amounts are included within "Accrued and other liabilities" on the consolidated balance sheets.

(2)These amounts are included in "Environmental liabilities, continuing and discontinued" on the consolidated balance sheets.

Schedule of Net Environmental Provision by Operating and Discontinued Sites

Our net environmental provisions relate to costs for the continued remediation of both operating sites and for certain discontinued manufacturing operations from previous years. The net provisions are comprised as follows:


	Year Ended December 31,
(in Millions)	2021		2020		2019
Continuing operations (1)	$	27.1	$	24.9	$	108.7
Discontinued operations (2)	37.9		30.1		29.8
Net environmental provision	$	65.0	$	55.0	$	138.5

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(1)Recorded as a component of "Restructuring and other charges (income)" on our consolidated statements of income. See Note 9 to the consolidated financial statements included within this Form 10-K. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations.

(2)Recorded as a component of "Discontinued operations, net of income taxes" on our consolidated statements of income (loss). See Note 11 to the consolidated financial statements included within this Form 10-K for further details.

Schedule of Net Environmental Provision Balance Sheet Classification

On our consolidated balance sheets, the net environmental provisions affect assets and liabilities as follows:


	Year Ended December 31,
(in Millions)	2021		2020		2019
Environmental reserves (1)	$	65.8	$	53.2	$	138.8
Other assets (2)	(0.8)		1.8		(0.3)
Net environmental provision	$	65.0	$	55.0	$	138.5

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(1)See above roll forward of our total environmental reserves as presented on our consolidated balance sheets.

(2)Represents certain environmental recoveries. See Note 22 to the consolidated financial statements included within this Form 10-K for details of "Other assets including long-term receivables, net" as presented on our consolidated balance sheets.